Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Tuesday April 10, 2012 The Chicago Mercantile Exchange is one of rou bourses on a short list of bidders for the Lond don Metal Exchange. Meanwhile Zero Hedge reports that CHesapeake Energy CHK did not 'hedge' its natural gas production going into 2012. What does that mean? Othe rnat gas companies like encana, Linn Energy, Venoco has gedged at…
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Monday April 9, 2012 Avon hired Johnson and Johnson exec Sheri McCoy as its new CEO. Nothing like a take over offer to get things rolling eh? We are following this as part of our studies on Equity.
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Sat April 7, 2012 Here is an article dated January 2012 about the PCAOB enforcements to date.
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Friday April 6, 2012 Coty wants Avon to increase its amarket share in Brazil. Yes the the long billed country of tomorrow finally is. Door to door is seen as the best way to get a foothold inthat market. Two years ago Brazil become the biggest market for Avon. Please read this article and follow the…
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Thursday April 5, 2012 Henry Blodgett uses Groupon as an example of why companies might not want ot be public companies.
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thursday April 5, 2012 I have mentioned LULU and its success several times in class. Here is an article on how LULU convinces women to spend $98 on sweatpants.
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Tuesday April 3, 2012 Avon AVP received an unsolicited bid from Coty to buy the company. Avon is looking for a new CEO amid the offer. And it is reeling from lay offs due to the recession. I was surprised that it employs 40,000 not ocunting the would be salesforce. This is a great opportunity…
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Monday March 26, 2012 Quick now what does CSRC stand for? If you said China Securities Regulatory Commission, move to the head of the class. Volume on three Chinese futures excahnges reached $21.9 trillion last year.. Not bad for a group of Communists, eh? We will be disucssing futures and options later in Intermed II this…
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Thursday March 22, 2012 We have had some fun kidding students about the social stigma of showing up to yoga class in an Old Navy or Target outfit, oh the horror! LULU apparel of course will let your other yoga partners know that you have arrived, not discount exercise wear for you! LULU went public in…
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Tuesday Feb 28, 2012 The high yen has Japanese manufacturers running for cover, why? Because goods produced in Japan using the yen are higher priced than goods produced in countries with currencies lower relative to the yen. Toyota is having trouble making money as are other Japanese firms. The oldes joke in cost accounting tells…